Automobile manufacturers are rapidly replacing mechanical and hydraulic braking systems with brake boosters as they aid in reducing the overall weight of the car and incorporating additional safety and comfort.

Moreover, the rising demand for active vehicle safety technologies including regenerative braking, traction control system (TCS), anti-lock braking system (ABS) and electronic stability program (ESP) is compelling manufacturers to integrate these technologies along with high-end brake booster systems in upgraded automobile models.

They are also funding research and development activities to introduce technologically advanced products that are compatible with electric and hybrid vehicles.

Apart from this, factors including stringent safety norms and a greater emphasis on performance as well as the efficiency of vehicles have encouraged manufacturers to focus on the brake booster and brake distribution technologies in the passenger car segment.

Further, the demand for automotive brake booster is being propelled by the burgeoning automotive industry, emerging auto parts manufacturers and increasing vehicle ownership around the world.

Key Questions Answered

How has the global automotive brake booster market performed so far and how will it perform in the coming years?

What are the key regional markets in the global automotive brake booster industry?

What is the breakup of the market based on the product type?

What is the breakup of the market based on the vehicle type?

What is the breakup of the market based on the end-user?

What are the various stages in the value chain of the global automotive brake booster industry?

What are the key driving factors and challenges in the global automotive brake booster industry?

What is the structure of the global automotive brake booster industry and who are the key players?

What is the degree of competition in the global automotive brake booster industry?

What are the profit margins in the global automotive brake booster industry?